"South Africa on Tuesday launched a nine billion rand ($1.3-billion, 911-million-euro) fund that aims to create 150,000 jobs in three years to fight the country's 25 percent unemployment rate.
Finance Minister Pravin Gordhan said South Africa needed "a new boldness and a new energy to be infused into the job creation process," with two billion rand set aside to fund employment projects in 2011"...........LINK
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